People who smoke will face higher premiums than those you don’t. This is because they are seen as a greater risk than non-smokers. 

People who smoke, either regularly or sporadically, are more likely to contract serious medical conditions and face health problems. 

In Ireland, 1 in 2 smokers will die from tobacco-related diseases, according to the HSE.

Vapes and e-cigarettes are rapidly growing in popularity. However, they may not save you any money when it comes to your life insurance premiums. 

Some insurance companies may see vaping or the use of e-cigarettes in the same category as smoking, meaning you could face higher premiums.

You must tell your insurer your smoking status, even if this includes only smoking on an occasional basis. Some insurance companies may not consider occasional smokers to warrant an increased premium. 

You can get in touch with our team today and we can compare life insurance companies to see who may suit you best in this situation.

Smoking can have a significant impact on how much you may pay for your life insurance premium. A smoker can face a premium twice the amount of the premium of someone who does not smoke. 

In Ireland, you could pay 85% more for your life insurance premium if you are a smoker.

Yes, insurance companies are allowed to let smoking affect your premium. This is due to the fact that smoking causes legitimate bodily harm and puts you more at risk of health complications.

If you are caught lying about your smoking status, your insurer may not pay out your policy. This means that you could pay your premium for a significant amount of time and never receive any money from your policy when it is needed. 

For example, if you die and the autopsy shows that you were a smoker, your beneficiaries may not receive their death benefits.

You should be honest about any past smoking habits you used to have. However, if you have stopped smoking you will likely face a lower premium than if you currently do. 

As well as this, your premium may be reduced if you stop smoking after taking out life insurance. 

You will normally see a decrease in your premium once you have gone 12 months without smoking.

There are several aspects that may impact your life insurance premium. This can include:

You can discuss all of these elements with our team at Life Compare. Then, our experts can find a policy that suits your circumstance the best.

There are various life insurance providers in Ireland. We compare life insurance quotes from each company in order to find the right policy for you. 

Life insurance providers in Ireland include:

At Life Compare, we only deal with insurance companies which are regulated by the Central Bank of Ireland, making sure you get the right cover at the right price.

You can get a life insurance quote today by using Life Compare. You can use our online calculator to get a quote within minutes. 

If you want to discuss your options in depth or have queries, then you contact our team, too. This can give you the opportunity to get more information on how life insurance premiums vary and how you may be affected. 

So don’t hesitate to get in touch today, our team is happy to help.